Legal Question in Real Estate Law in Georgia
Selling multiple owner property.
Five adults own a house and land. They cannot agree on selling the property and four of them refuse to pay taxes or upkeep. How can one force the sale of the property and divide the proceeds five ways?
3 Answers from Attorneys
Re: Selling multiple owner property.
You need to file a Petition to Partition. Consult with a local attorney.
Re: Selling multiple owner property.
File an action for partition in the county where the property is located.
If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.
The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.
Re: Selling multiple owner property.
All of the owners should keep in mind that a forced sale often leads to a quick sale for far below its market value (even worse with the market today). Add to that the legal fees and expenses. If you can't agree, you all will likely lose much of the value.
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